BEST OF THE BROKERS August 17, 2011 DIAGEO UBS rates the drinks company “buy” with a target price of 1,425p. The broker believes Diageo will ramp up advertising spending in the medium-term, helping prop up double-digit sales growth in new markets to minimie the effects of an expected seven per cent fall in Europe. UBS also expects Diageo to use its strong [...]
Falling financial stocks drag FTSE lower amid euro fears August 17, 2011 Weaker financial stocks led British shares lower yeterday as the outcome of a Franco-German summit left investors still anxious about the Eurozone debt crisis and concerned about the impact of plans for a new tax on the industry. The FTSE 100 index closed down 0.5 per cent at 5,331.60, having at one stage dropped back [...]
Tech stocks drop on weak Dell results August 17, 2011 TECH shares fell yesterday after Dell’s disappointing sales outlook fanned worries weak economic growth will hurt earnings in the third quarter. The Dow and S&P indices ended little changed in an up-and-down session where investors sold growth sectors in favor of defensive shares like telecoms and utilities. Computer maker Dell was the S&P’s worst performer, [...]
The man from Icann is after new net gains August 17, 2011 JANUARY 2012 marks the start of “a whole new commercial phase for the internet”. And Peter Dengate Thrush (pictured, right) should know – as the former chairman of the board of Icann, the body responsible for the internet’s top-level domain name management, he oversaw the introduction of the reforms that are about to upend the [...]
Other Aim-listed companies to consider August 17, 2011 ON THE difference between buying small as opposed to large company stocks, investment guru Jim Slater notably remarked: “Elephants don’t gallop.” While true, the worry for many investors is that instead of lasting 70 years, many Aim-listed companies have a life expectancy closer to that of the mayfly. However, not all Aim companies are born [...]
Merkozy’s business-killing tax plans August 17, 2011 TUESDAY’S announcement by Angela Merkel and Nicolas Sarkozy that they intend to implement a financial transactions tax in the EU was bad news all round. But such a tax would be particularly damaging to those within the forex market. Forex is the largest financial market in the world, with a £2.5 trillion average daily turnover. [...]
Social network your way into a new career August 17, 2011 TECH gurus everywhere were shaking with excitement when Google’s answer to Facebook, Twitter and LinkedIn was launched earlier this year. Google Plus hopes to carve out its niche by giving users greater control over who sees what information. This could make it very popular. Stories like that of the jobseeker who tweeted: “Cisco just offered [...]
We must reinvent our meetings culture August 17, 2011 AUTHOR I THINK 100 years from now, we’ll look back at the absurd amount of time organisations spend inside of meetings and we’ll laugh. Or maybe we’ll cry. The meeting problem has grown into a full-blown debacle. Back to back to back, poorly executed, tortuously long meetings are hijacking our calendars and draining our enthusiasm. [...]
Glamorous war reporter’s memoir of danger and love August 17, 2011 GHOSTS BY DAYLIGHT BY JANINE DI GIOVANNI Bloomsbury, £16.99 JANINE Di Giovanni is statuesque: a voluptuous brunette, she seems to tower over most of her peers. She seems larger than life but this is not just a physical thing: for twenty years she reported on the world’s grizzliest wars, returning again and again to Bosnia, [...]
The death of chivalry? Men aren’t paying for dates anymore August 17, 2011 DEAR VEXED: I am confused. As a recently single woman, I’ve been dating quite a lot. Seven out of ten times the man doesn’t pick up the tab on the first date. Is this because they’re chumps or because they don’t know if I’ll see it as infringement on my feminine liberation? Marsha, 29, human resources [...]
